no news is bad news Agree with earlier comments that no news is bad news. I am shocked there has not been an announcement to the market since the Paydirt conference last Friday. That conferene was the ultimate spivs soap-box, yet nothing from MLI. Appears they had nothing good to say which is a shame as they were doing well.
This company is definitely floating on AIM in the next few months as they have mentioned it numerous times in several publications.
They have also told shareholders on numerous occasions recently (including ASX announcements and journal articles) that the company is cash flow positive.
Sadly I dont believe this is the case given the lack of news flow. The only thing that can prove me wrong is a cash flow report, not other posters providing reasons for recent selling of the stock.
I would love to see some good numbers for August production have this ever increasing, sinking feeling that the number will have a 1 in front of it rather than a 2 or even 3.
The sooner management ramp the stock, list it on AIM (at 25 cents) and remove all the secrecy the better.
The few things that give me confidence in this stock is that the 2 Sth African managers recently joined the company full time.
Most people realise this company would be worth twice as much if the Board of Directors exluded certain people.
heads up .. no news .. news for some , page-4
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Last
0.5¢ |
Change
0.001(25.0%) |
Mkt cap ! $5.937M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.5¢ | $22.24K | 4.448M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2023657 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 2712045 | 3 |
View Market Depth
| Last trade - 11.00am 05/07/2024 (20 minute delay) ? |
| LRL (ASX) Chart |